Can a person purchase a house if they are currently a home owner without

[greyeyeznticnthiz]

purchasing it as investment property? My aunt wants to purchase a house and she already is a homeowner, can she purchase the house outright or does it HAVE to be purchased as an investment property? The loan officer she is working with, which seems to not be so bright, says that she has to, but we are looking for a second opinion.

[Mrs HarleyBrat]

talk to another loan officer - your aunt will want to purchase the house in such a manner that she has the correct tax write off values - it can also be purchased as a second vacation home.